The following is a partial trial balance for the Green Star Corporation as of December 31,...

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The following is a partial trial balance for the Green Star Corporation as of December 31, 2024: Account Title Sales revenue Interest revenue Debits Credits $ 1,300,000 33,000 53,000 Gain on sale of investments Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense Required: $ 720,000 175,000 78,000 43,000 133,000 1. Prepare a single-step income statement by inserting the amounts above into the appropriate section. 2. Prepare a multiple-step income statement by inserting the amounts above into the appropriate section. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Revenues and gains: Sales revenue Interest revenue GREEN STAR CORPORATION Income Statement For the Year Ended December 31, 2024 Gain on sale of investments Total revenues and gains Expenses and losses: Cost of goods sold Selling expenses General and administrative expenses Interest expense Total expenses and losses Income before income taxes Income tax expense Net income 0 0 0 Gross profit Operating expenses: GREEN STAR CORPORATION Income Statement For the Year Ended December 31, 2024 Total operating expenses Operating income Other income (expense): Total other income, net Income before income taxes Net income 0 0 0 0 The following is a partial trial balance for the Green Star Corporation as of December 31, 2024: Account Title Sales revenue Interest revenue Debits Credits $ 1,300,000 33,000 53,000 Gain on sale of investments Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense Required: $ 720,000 175,000 78,000 43,000 133,000 1. Prepare a single-step income statement by inserting the amounts above into the appropriate section. 2. Prepare a multiple-step income statement by inserting the amounts above into the appropriate section. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Revenues and gains: Sales revenue Interest revenue GREEN STAR CORPORATION Income Statement For the Year Ended December 31, 2024 Gain on sale of investments Total revenues and gains Expenses and losses: Cost of goods sold Selling expenses General and administrative expenses Interest expense Total expenses and losses Income before income taxes Income tax expense Net income 0 0 0 Gross profit Operating expenses: GREEN STAR CORPORATION Income Statement For the Year Ended December 31, 2024 Total operating expenses Operating income Other income (expense): Total other income, net Income before income taxes Net income 0 0 0 0